In lockstep with other investors
In addition to having one-to-one dialogues with various companies, Nordea’s Responsible Investments team of 25 analysts participated in a total of 36 ESG initiatives, which aim to tackle the challenges of the future.
Last year, 7 brand new initiatives were introduced:
Finance for Biodiversity is a global financial sector initiative aiming to reverse nature loss and preserve biodiversity. The signatories of the Finance for Biodiversity Pledge are committed to protecting and restoring biodiversity through their investments.
In the joint investor statement for stronger biodiversity policies, 78 investors call on governments to halt and reverse biodiversity loss and revive the economics of biodiversity before the UN Biodiversity Conference (COP15) in Kunming, China.
Curbing climate change:
In the global investor position statement Vote on Transition Planning coordinated by IIGCC, investors call on companies to disclose their commitments, plans, responsibilities and concrete steps to achieve net-zero emissions.
In the global investor statement to governments on climate change, more than 600 investors call on governments to improve their climate policies with the utmost urgency.
In the global Investor Statement on Human Rights and Business Activities In Myanmar, 86 investors call on companies with business activities in Myanmar to ensure they respect human rights.
In the Investor Statement in Support of Mandated Human Rights and Environmental Due Diligence in the European Union, investors call on the European Commission to include human rights and environmental due diligence in forthcoming legislation.
In the Investor Statement on Corporate Accountability for Digital Rights, investors express their concern with the weak governance of digital rights risks and the lack of transparency in the technology sector, affecting people’s rights to privacy, access and freedom of expression.
More information about the 29 previously launched sustainability initiatives is available in:Responsible Investments Report 2021